Research Library

The authors review the impact of the Paycheck Protection Program (PPP), a government initiative that allowed small businesses to apply for low-interest loans during the COVID-19 pandemic. While the PPP helped cover employment-related expenses and mitigated unemployment for some businesses, it remained inaccessible to others, they conclude.

In this working paper, the author examines the economic effects of enacting a proposal by the Biden administration to tax long term capital gains at ordinary income tax rates for those with taxable income above $1 million and tax unrealized gains at the time of death for single (joint) filers with more than $1 million ($2 million) in unrealized gains. A similar version of the report was prepared with the financial support of the Center for Freedom and Prosperity Foundation.

In this report, the authors outline the U.S. federal budget process for scientific R&D, discuss trends in federal R&D funding and provide an outlook for federal scientific R&D funding during the Biden administration.

President Biden has an opportunity, the author argues, to resurrect the Deferred Action for Parents of Americans and Lawful Permanent Residents (DAPA) program and provide a pathway to legal status for millions of undocumented parents of U.S. citizens and legal permanent residents. This report explores the potential of the DAPA program to impact immigrant families and policy avenues toward its passage.

In late January 2021, the stock price of GameStop skyrocketed, causing the online trading platform Robinhood to suspend sales of its stock. What happened, and what tax policies are being proposed as a result? Public finance fellow Joyce Beebe explains on the Baker Institute Blog.

A well-managed U.S.-Mexico border is essential not only for millions of border residents in both countries, but for the U.S. economy and federal budget. This brief lays out recommendations to strengthen the institutional scaffolding that could allow for a safer and more prosperous North American continent.

As the Budget Control Act nears expiry, it is important to reflect on its effectiveness — does the BCA provide a framework for curtailing unsustainable deficits and moving to a sustainable fiscal policy?  Read the authors' analysis at the Baker Institute Blog.

As the Biden administration confronts a difficult economic environment, experts at the Center for Public Finance highlight key policy levers Congress might use to stabilize the U.S. fiscal situation and propose three main dimensions on which fiscal policy proposals should be evaluated to ensure transparency.

Continued robust economic growth in the U.S. will, among many other things, require policies that encourage rapid technological innovation and increases in productivity, promote investment while reducing debt, and maximize economic efficiency. The authors explain why in this brief.